This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTelenet Group Holding (TNETB) 주식 개요Telenet Group Holding NV provides video services to residential and business customers in Belgium and Luxembourg. 자세히 보기TNETB 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적2/6재무 건전성0/6배당3/6강점주가수익률(12x)이 UK 시장(15.7x)보다 낮습니다.위험 분석마이너스 주주 지분주식은 유동성이 매우 낮습니다이자 지급액이 수익으로 잘 충당되지 않음이익 마진 (6.9%)이 지난해 (37.5%)보다 낮습니다.+ 위험 1건 추가모든 위험 점검 보기TNETB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW485,257 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG485,257 investors already sharing narrativesYour Fair Value€Current Price€20.9071.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture03b2016201920222025202620282031Revenue €3.0bEarnings €205.1mAdvancedSet Fair ValueView all narrativesTelenet Group Holding NV 경쟁사ITVSymbol: LSE:ITVMarket cap: UK£2.7bFutureSymbol: LSE:FUTRMarket cap: UK£278.4m4imprint GroupSymbol: LSE:FOURMarket cap: UK£1.1bNexxen InternationalSymbol: AIM:NEXNMarket cap: UK£639.1m가격 이력 및 성과Telenet Group Holding 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€20.9052주 최고가€21.2452주 최저가€13.21베타0.711개월 변동0%3개월 변동1.36%1년 변동n/a3년 변동-37.01%5년 변동-54.90%IPO 이후 변동-35.43%최근 뉴스 및 업데이트공고 • Dec 13Telenet Group Holding NV to Report Q4, 2024 Results on Feb 18, 2025Telenet Group Holding NV announced that they will report Q4, 2024 results at 10:15 PM, Central European Standard Time on Feb 18, 2025공고 • Sep 21Telenet Group Holding NV to Report Q3, 2024 Results on Oct 29, 2024Telenet Group Holding NV announced that they will report Q3, 2024 results on Oct 29, 2024공고 • Jun 20Telenet Group Holding NV to Report Q2, 2024 Results on Jul 25, 2024Telenet Group Holding NV announced that they will report Q2, 2024 results at 10:15 AM, Central European Standard Time on Jul 25, 2024공고 • Apr 11Telenet Group Holding NV to Report Q1, 2024 Results on May 01, 2024Telenet Group Holding NV announced that they will report Q1, 2024 results on May 01, 2024공고 • Mar 06Telenet Group Holding NV to Report Fiscal Year 2023 Final Results on Mar 22, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 final results on Mar 22, 2024공고 • Feb 02Telenet Group Holding NV to Report Fiscal Year 2023 Results on Feb 15, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 results at 10:00 PM, Central European Standard Time on Feb 15, 2024더 많은 업데이트 보기Recent updates공고 • Dec 13Telenet Group Holding NV to Report Q4, 2024 Results on Feb 18, 2025Telenet Group Holding NV announced that they will report Q4, 2024 results at 10:15 PM, Central European Standard Time on Feb 18, 2025공고 • Sep 21Telenet Group Holding NV to Report Q3, 2024 Results on Oct 29, 2024Telenet Group Holding NV announced that they will report Q3, 2024 results on Oct 29, 2024공고 • Jun 20Telenet Group Holding NV to Report Q2, 2024 Results on Jul 25, 2024Telenet Group Holding NV announced that they will report Q2, 2024 results at 10:15 AM, Central European Standard Time on Jul 25, 2024공고 • Apr 11Telenet Group Holding NV to Report Q1, 2024 Results on May 01, 2024Telenet Group Holding NV announced that they will report Q1, 2024 results on May 01, 2024공고 • Mar 06Telenet Group Holding NV to Report Fiscal Year 2023 Final Results on Mar 22, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 final results on Mar 22, 2024공고 • Feb 02Telenet Group Holding NV to Report Fiscal Year 2023 Results on Feb 15, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 results at 10:00 PM, Central European Standard Time on Feb 15, 2024공고 • Oct 17Telenet's Shares Delisted from Euronext Brussels at Close of Trade on 13 October 2023On October 16, 2023, Liberty Global plc (Liberty Global) announced that, during the simplified squeeze-out period which opened on 22 September 2023 and closed on 13 October 2023 (the Simplified Squeeze-Out Period) of its voluntary public takeover bid for all the shares of Telenet Group Holding NV (Telenet) (the Offer) by its indirect wholly-owned subsidiary, Liberty Global Belgium Holding B.V. (the Offeror), it received acceptances for 1,156,941 Telenet shares. On 13 October 2023, Telenet shares were delisted from Euronext Brussels at close of trade.New Risk • Jul 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 38% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-€625m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.9% net profit margin).Reported Earnings • Jul 27Second quarter 2023 earnings released: €0.26 loss per share (vs €5.84 profit in 2Q 2022)Second quarter 2023 results: €0.26 loss per share (down from €5.84 profit in 2Q 2022). Revenue: €704.1m (up 8.9% from 2Q 2022). Net loss: €28.1m (down 104% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 26Upcoming dividend of €0.70 per share at 4.7% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.1%).Reported Earnings • Mar 27Full year 2022 earnings released: EPS: €9.19 (vs €3.60 in FY 2021)Full year 2022 results: EPS: €9.19 (up from €3.60 in FY 2021). Revenue: €2.67b (up 2.7% from FY 2021). Net income: €997.6m (up 153% from FY 2021). Profit margin: 37% (up from 15% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €21.12, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Media industry in the United Kingdom. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.79 per share.Reported Earnings • Feb 18Full year 2022 earnings released: EPS: €9.19 (vs €3.60 in FY 2021)Full year 2022 results: EPS: €9.19 (up from €3.60 in FY 2021). Revenue: €2.67b (up 2.7% from FY 2021). Net income: €997.6m (up 153% from FY 2021). Profit margin: 37% (up from 15% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 04Second quarter 2022 earnings released: EPS: €5.84 (vs €0.91 in 2Q 2021)Second quarter 2022 results: EPS: €5.84 (up from €0.91 in 2Q 2021). Revenue: €646.8m (flat on 2Q 2021). Net income: €633.3m (up €534.0m from 2Q 2021). Profit margin: 98% (up from 16% in 2Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.공고 • Sep 13+ 5 more updatesTelenet Group Holding NV to Report Nine Months, 2023 Results on Oct 26, 2023Telenet Group Holding NV announced that they will report nine months, 2023 results on Oct 26, 2023Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: €5.84 (vs €0.91 in 2Q 2021)Second quarter 2022 results: EPS: €5.84 (up from €0.91 in 2Q 2021). Revenue: €646.8m (flat on 2Q 2021). Net income: €633.3m (up €534.0m from 2Q 2021). Profit margin: 98% (up from 16% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €16.09, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 20x in the Media industry in the United Kingdom. Total loss to shareholders of 59% over the past three years.Board Change • May 31High number of new directorsIndependent Director Dirk Van den Berghe was the last director to join the board, commencing their role in 2022.Board Change • May 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non Independent Director Enrique Rodriguez was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Non Independent Director Enrique Rodriguez was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • May 01First quarter 2022 earnings released: EPS: €1.48 (vs €1.03 in 1Q 2021)First quarter 2022 results: EPS: €1.48 (up from €1.03 in 1Q 2021). Revenue: €644.8m (flat on 1Q 2021). Net income: €160.4m (up 42% from 1Q 2021). Profit margin: 25% (up from 17% in 1Q 2021). Over the next year, revenue is forecast to grow 1.2%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 28Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 04 May 2022. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 9.4%. Within top quartile of British dividend payers (4.7%). Higher than average of industry peers (2.7%).Reported Earnings • Feb 11Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €2.60b (flat on FY 2020). Net income: €394.0m (up 16% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 29Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 08 December 2021. Trailing yield: 8.8%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.0%).Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS €0.82 (vs €1.04 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €640.6m (flat on 3Q 2020). Net income: €89.9m (down 21% from 3Q 2020). Profit margin: 14% (down from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 29Second quarter 2021 earnings released: EPS €0.91 (vs €0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €642.4m (up 3.7% from 2Q 2020). Net income: €99.3m (up 211% from 2Q 2020). Profit margin: 16% (up from 5.2% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS €0.91 (vs €0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €642.4m (up 3.7% from 2Q 2020). Net income: €99.3m (up 211% from 2Q 2020). Profit margin: 16% (up from 5.2% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • May 02First quarter 2021 earnings released: EPS €1.03 (vs €1.39 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €645.9m (down 1.1% from 1Q 2020). Net income: €112.7m (down 27% from 1Q 2020). Profit margin: 17% (down from 24% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 26Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 03 May 2021. Payment date: 05 May 2021. Trailing yield: 7.8%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.2%).Reported Earnings • Mar 27Full year 2020 earnings released: EPS €3.10 (vs €2.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.58b (flat on FY 2019). Net income: €338.9m (up 45% from FY 2019). Profit margin: 13% (up from 9.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 25New 90-day low: €33.88The company is down 3.0% from its price of €34.92 on 26 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.83 per share.Reported Earnings • Feb 13Full year 2020 earnings released: EPS €3.10 (vs €2.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.58b (flat on FY 2019). Net income: €338.9m (up 45% from FY 2019). Profit margin: 13% (up from 9.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the Media industry in the United Kingdom.Is New 90 Day High Low • Dec 01New 90-day high: €37.30The company is up 19% from its price of €31.34 on 02 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €72.80 per share.주주 수익률TNETBGB MediaGB 시장7D0%2.2%1.1%1Yn/a-5.0%17.3%전체 주주 수익률 보기수익률 대 산업: TNETB의 UK Media 산업 대비 성과를 판단하기에 데이터가 부족합니다.수익률 대 시장: TNETB의 UK 시장 대비 성과를 판단하기에 데이터가 부족합니다.주가 변동성Is TNETB's price volatile compared to industry and market?TNETB volatilityTNETB Average Weekly Movementn/aMedia Industry Average Movement4.7%Market Average Movement5.1%10% most volatile stocks in GB Market10.6%10% least volatile stocks in GB Market2.7%안정적인 주가: TNETB는 지난 3개월 동안 UK 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: Insufficient data to determine TNETB의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트19943,000John Porterinvestors.telenet.be더 보기Telenet Group Holding NV 기초 지표 요약Telenet Group Holding의 순이익과 매출은 시가총액과 어떻게 비교됩니까?TNETB 기초 통계시가총액€2.31b순이익 (TTM)€192.60m매출 (TTM)€2.78b12.0x주가수익비율(P/E)0.8x주가매출비율(P/S)TNETB는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표TNETB 손익계산서 (TTM)매출€2.78b매출원가€1.47b총이익€1.31b기타 비용€1.12b순이익€192.60m최근 보고된 실적Jun 30, 2023다음 실적 발표일Oct 26, 2023주당순이익(EPS)1.77총이익률47.29%순이익률6.93%부채/자본 비율-893.1%TNETB의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.7%현재 배당 수익률58%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/10/17 05:06종가2023/07/27 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Telenet Group Holding NV는 23명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew Charles BealeArete Research Services LLPFernando Cordero BarreiraBanco SantanderJonathan DannBarclays20명의 분석가 더 보기
공고 • Dec 13Telenet Group Holding NV to Report Q4, 2024 Results on Feb 18, 2025Telenet Group Holding NV announced that they will report Q4, 2024 results at 10:15 PM, Central European Standard Time on Feb 18, 2025
공고 • Sep 21Telenet Group Holding NV to Report Q3, 2024 Results on Oct 29, 2024Telenet Group Holding NV announced that they will report Q3, 2024 results on Oct 29, 2024
공고 • Jun 20Telenet Group Holding NV to Report Q2, 2024 Results on Jul 25, 2024Telenet Group Holding NV announced that they will report Q2, 2024 results at 10:15 AM, Central European Standard Time on Jul 25, 2024
공고 • Apr 11Telenet Group Holding NV to Report Q1, 2024 Results on May 01, 2024Telenet Group Holding NV announced that they will report Q1, 2024 results on May 01, 2024
공고 • Mar 06Telenet Group Holding NV to Report Fiscal Year 2023 Final Results on Mar 22, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 final results on Mar 22, 2024
공고 • Feb 02Telenet Group Holding NV to Report Fiscal Year 2023 Results on Feb 15, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 results at 10:00 PM, Central European Standard Time on Feb 15, 2024
공고 • Dec 13Telenet Group Holding NV to Report Q4, 2024 Results on Feb 18, 2025Telenet Group Holding NV announced that they will report Q4, 2024 results at 10:15 PM, Central European Standard Time on Feb 18, 2025
공고 • Sep 21Telenet Group Holding NV to Report Q3, 2024 Results on Oct 29, 2024Telenet Group Holding NV announced that they will report Q3, 2024 results on Oct 29, 2024
공고 • Jun 20Telenet Group Holding NV to Report Q2, 2024 Results on Jul 25, 2024Telenet Group Holding NV announced that they will report Q2, 2024 results at 10:15 AM, Central European Standard Time on Jul 25, 2024
공고 • Apr 11Telenet Group Holding NV to Report Q1, 2024 Results on May 01, 2024Telenet Group Holding NV announced that they will report Q1, 2024 results on May 01, 2024
공고 • Mar 06Telenet Group Holding NV to Report Fiscal Year 2023 Final Results on Mar 22, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 final results on Mar 22, 2024
공고 • Feb 02Telenet Group Holding NV to Report Fiscal Year 2023 Results on Feb 15, 2024Telenet Group Holding NV announced that they will report fiscal year 2023 results at 10:00 PM, Central European Standard Time on Feb 15, 2024
공고 • Oct 17Telenet's Shares Delisted from Euronext Brussels at Close of Trade on 13 October 2023On October 16, 2023, Liberty Global plc (Liberty Global) announced that, during the simplified squeeze-out period which opened on 22 September 2023 and closed on 13 October 2023 (the Simplified Squeeze-Out Period) of its voluntary public takeover bid for all the shares of Telenet Group Holding NV (Telenet) (the Offer) by its indirect wholly-owned subsidiary, Liberty Global Belgium Holding B.V. (the Offeror), it received acceptances for 1,156,941 Telenet shares. On 13 October 2023, Telenet shares were delisted from Euronext Brussels at close of trade.
New Risk • Jul 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 38% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-€625m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.9% net profit margin).
Reported Earnings • Jul 27Second quarter 2023 earnings released: €0.26 loss per share (vs €5.84 profit in 2Q 2022)Second quarter 2023 results: €0.26 loss per share (down from €5.84 profit in 2Q 2022). Revenue: €704.1m (up 8.9% from 2Q 2022). Net loss: €28.1m (down 104% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 26Upcoming dividend of €0.70 per share at 4.7% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.1%).
Reported Earnings • Mar 27Full year 2022 earnings released: EPS: €9.19 (vs €3.60 in FY 2021)Full year 2022 results: EPS: €9.19 (up from €3.60 in FY 2021). Revenue: €2.67b (up 2.7% from FY 2021). Net income: €997.6m (up 153% from FY 2021). Profit margin: 37% (up from 15% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €21.12, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Media industry in the United Kingdom. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.79 per share.
Reported Earnings • Feb 18Full year 2022 earnings released: EPS: €9.19 (vs €3.60 in FY 2021)Full year 2022 results: EPS: €9.19 (up from €3.60 in FY 2021). Revenue: €2.67b (up 2.7% from FY 2021). Net income: €997.6m (up 153% from FY 2021). Profit margin: 37% (up from 15% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 04Second quarter 2022 earnings released: EPS: €5.84 (vs €0.91 in 2Q 2021)Second quarter 2022 results: EPS: €5.84 (up from €0.91 in 2Q 2021). Revenue: €646.8m (flat on 2Q 2021). Net income: €633.3m (up €534.0m from 2Q 2021). Profit margin: 98% (up from 16% in 2Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
공고 • Sep 13+ 5 more updatesTelenet Group Holding NV to Report Nine Months, 2023 Results on Oct 26, 2023Telenet Group Holding NV announced that they will report nine months, 2023 results on Oct 26, 2023
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: €5.84 (vs €0.91 in 2Q 2021)Second quarter 2022 results: EPS: €5.84 (up from €0.91 in 2Q 2021). Revenue: €646.8m (flat on 2Q 2021). Net income: €633.3m (up €534.0m from 2Q 2021). Profit margin: 98% (up from 16% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €16.09, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 20x in the Media industry in the United Kingdom. Total loss to shareholders of 59% over the past three years.
Board Change • May 31High number of new directorsIndependent Director Dirk Van den Berghe was the last director to join the board, commencing their role in 2022.
Board Change • May 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non Independent Director Enrique Rodriguez was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Non Independent Director Enrique Rodriguez was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • May 01First quarter 2022 earnings released: EPS: €1.48 (vs €1.03 in 1Q 2021)First quarter 2022 results: EPS: €1.48 (up from €1.03 in 1Q 2021). Revenue: €644.8m (flat on 1Q 2021). Net income: €160.4m (up 42% from 1Q 2021). Profit margin: 25% (up from 17% in 1Q 2021). Over the next year, revenue is forecast to grow 1.2%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 28Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 04 May 2022. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 9.4%. Within top quartile of British dividend payers (4.7%). Higher than average of industry peers (2.7%).
Reported Earnings • Feb 11Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €2.60b (flat on FY 2020). Net income: €394.0m (up 16% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 29Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 08 December 2021. Trailing yield: 8.8%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.0%).
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS €0.82 (vs €1.04 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €640.6m (flat on 3Q 2020). Net income: €89.9m (down 21% from 3Q 2020). Profit margin: 14% (down from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 29Second quarter 2021 earnings released: EPS €0.91 (vs €0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €642.4m (up 3.7% from 2Q 2020). Net income: €99.3m (up 211% from 2Q 2020). Profit margin: 16% (up from 5.2% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS €0.91 (vs €0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €642.4m (up 3.7% from 2Q 2020). Net income: €99.3m (up 211% from 2Q 2020). Profit margin: 16% (up from 5.2% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • May 02First quarter 2021 earnings released: EPS €1.03 (vs €1.39 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €645.9m (down 1.1% from 1Q 2020). Net income: €112.7m (down 27% from 1Q 2020). Profit margin: 17% (down from 24% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 26Upcoming dividend of €0.96 per shareEligible shareholders must have bought the stock before 03 May 2021. Payment date: 05 May 2021. Trailing yield: 7.8%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.2%).
Reported Earnings • Mar 27Full year 2020 earnings released: EPS €3.10 (vs €2.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.58b (flat on FY 2019). Net income: €338.9m (up 45% from FY 2019). Profit margin: 13% (up from 9.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 25New 90-day low: €33.88The company is down 3.0% from its price of €34.92 on 26 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.83 per share.
Reported Earnings • Feb 13Full year 2020 earnings released: EPS €3.10 (vs €2.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.58b (flat on FY 2019). Net income: €338.9m (up 45% from FY 2019). Profit margin: 13% (up from 9.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the Media industry in the United Kingdom.
Is New 90 Day High Low • Dec 01New 90-day high: €37.30The company is up 19% from its price of €31.34 on 02 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €72.80 per share.
